I’ve always considered the container — whether a tin, basket or jar that contains a food item or other small presents — to be ...

In Cavallaro v. Comm’r, T.C. Memo. 2014-189, the Tax Court held that the taxpayers, William and Patricia Cavallaro, made gifts to their three sons as a result of a merger of two family-run businesses.

"That's lovely," Mom said. "What is it?" my sister asked. I said, "I don't think it's a Barbie.” "I think it's part of a nativity set," Mom answered. "A what?" my sister asked. "A nativity set. You ...

Gift-giving can be a part of a time-honored tradition or ritual or it can be a spontaneous event that arises out of the connection between two people. Branco-Illodo and Heath (2020) noted that there ...